,,ii #aah? ,,congress #b;d ,session ,s4 #edjc ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,novemb] #ba1 #bjbd,mr4 ,romney 7= himself & ,mr4 ,sullivan7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,=eign ,relations ,a ,,bill ,to align ! ,unit$ ,/ates ,int]national ,developm5t ,f9ance ,corporation ) ,unit$ ,/ates national security & /rategic goals4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,align+ ,developm5t & ,competition ,act ( #bjbd4 #b4 ,improv+ ,,usidfc transp>5cy ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft]1 ! ,*ief ,executive ,(fic] ( ! ,unit$ ,/ates ,int]national ,developm5t ,f9ance ,corporation %all submit a report to ! ,committee on ,=eign ,relations ( ! ,s5ate & ! ,committee on ,=eign ,affairs ( ! ,h\se ( ,repres5tatives reg>d+ ! ,developm5t ,advisory ,c\ncil ( ! ,corporation1 :i*-- 7#a7 li/s any organization or entity t-- 7,a7 employs1 contracts = s]vices )1 or o!rwise provides comp5sation to1 any memb] ( ! ,c\ncil2 & 7,b7 has receiv$ support directly f ! ,corporation ?r\gh loans1 loan gu>antees1 grants1 or o!r f9ancial support s9ce ! submission ( ! prior report requir$ "u ?is section2 & 7#b7 ) respect to ea* organization or entity ref]r$ to 9 p>agraph 7#a7-- 7,a7 id5tifies ! "n ( ! memb] or memb]s ( ! ,c\ncil to :i* x provides comp5sation2 7,b7 describes ! support provid$ by ! ,corporation to ! organization or entity s9ce ! submission ( ! prior report requir$ "u ?is section2 & 7,c7 describes any actions t 7 tak5 to address ! exi/5ce or appe>ance ( a conflict ( int]e/4 #c4 ,prioritiz+ projects t advance national security ,section #adab ( ! ,,build ,act ( #bjah 7#bb ,u4,s4,c4 #ifab7 is am5d$ by add+ at ! end ! foll[+3 7d7 ,prioritization ( national security int]e/s ,! ,corporation %all prioritize ! provision ( support "u title ,,ii 9 projects t advance core national security int]e/s ( ! ,unit$ ,/ates ) respect to /rategic competition ) a cov]$ nation 7z def9$ 9 section #dhgb7;d77#b7 ( title #aj1 ,unit$ ,/ates ,code71 includ+ port infra/ructure1 rail & o!r transportation infra/ructure1 digital & communications infra/ructure1 & critical m9]als m9+1 production1 & process+ mat]ials & facilities4 4 #d4 ,inclusion ( ,secret>y ( ,def5se 9 ,,usidfc ,bo>d ( ,directors ,section #adac7;b77#b77;,b77i7 ( ! ,,build ,act ( #bjah 7#bb ,u4,s4,c4 #ifac7;b77#b77;,b77i77 is am5d$ by add+ at ! end ! foll[+3 7,v7 ,! ,secret>y ( ,def5se or a designee ( ! ,secret>y4 4 #e4 ,/rategic ,advisory ,c\ncil 7a7 ,e/abli%m5t ,section #adac ( ! ,,build ,act ( #bjah 7#bb ,u4,s4,c4 #ifac7 is am5d$-- 7#a7 9 subsection 7g77#b77;,f7-- 7,a7 by /rik+ e/abli%$ "u subsection 7i7 & ins]t+ & ( ! ,/rategic ,advisory ,c\ncil12 & 7,b7 by /rik+ ! ,c\ncil & ins]t+ ea* su* ,c\ncil2 7#b7 9 subsection 7i77#d71 by /rik+ ! ,f$]al ,advisory ,committee ,act 7#e ,u4,s4,c4 ,app47 & ins]t+ *apt] #aj ( title #e1 ,unit$ ,/ates ,code 7commonly kn[n z ! ,f$]al ,advisory ,committee ,act72 & 7#c7 by add+ at ! end ! foll[+3 7j7 ,/rategic ,advisory ,c\ncil 7#a7 ,9 g5]al ,!re is e/abli%$ a ,/rategic ,advisory ,c\ncil 7ref]r$ to 9 ?is subsection z ! ,c\ncil71 :i* %all advise ! ,bo>d on national security & =eign policy objectives ( ! ,corporation4 7#b7 ,memb]%ip ,memb]s ( ! ,c\ncil %all be appo9t$ by ! ,bo>d1 on ! recomm5dation ( ! ,*ief ,executive ,(fic]1 & %all be compos$ ( n m ?an #i memb]s broadly repres5tative ( gov]nm5tal or nongov]nm5tal organizations1 ?9k tanks1 f\ndations1 associations1 & o!r in/itutions focus$ on national security1 includ+ areas ( /rategic competition1 ! def5se indu/rial base1 & national & homel& def5se4 7#c7 ,functions ,! ,bo>d %all call ^u memb]s ( ! ,c\ncil1 ei!r collectively or individually to advise ! ,bo>d reg>d+ ! ext5t to :i* ! ,corporation is support+ ! national security & =eign policy objectives ( ! ,unit$ ,/ates & provide any sugge/ions = improvem5ts ) respect to support+ su* objectives1 includ+ opportunities 9 c\ntries & project developm5t & implem5tation *all5ges & opportunities4 7#d7 ,f$]al advisory committee act ,! ,c\ncil %all n be subject to *apt] #aj ( title #e1 ,unit$ ,/ates ,code 7commonly kn[n z ! ,f$]al ,advisory ,committee ,act74 4 7b7 ,consultation ,section #addb7;d7 ( ! ,,build ,act ( #bjah 7#bb ,u4,s4,c4 #ifeb7;d77 is am5d$ by /rik+ e/abli%$ "u section #adac7;i7 & ins]t+ & ! ,/rategic ,advisory ,c\ncil e/abli%$ "u subsections 7i7 & 7j7 ( section #adac4 #f4 ,vital national security int]e/s waiv] ,section #adba ( ! ,,build ,act ( #bjah 7#bb ,u4,s4,c4 #ifba7 is am5d$ by add+ at ! end ! foll[+3 7j7 ,vital national security int]e/s waiv] ,! ,*ief ,executive ,(fic] may waive ! requirem5ts ( subsection 7a77#a7 t a project support$ by ! ,corporation occur 9 a less develop$ c\ntry & ! requirem5ts ( section #adab7;c7 = a p>ticul> project if ! ,presid5t det]m9es t su* a waiv] is 9 ! vital national security int]e/s ( ! ,unit$ ,/ates4 4